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**UNITED STATESSECURITIES AND EXCHANGE COMMISSION** Washington, D.C. 20549

FORM 10-QSB

x  QUARTERLY
  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended **September 30, 2004**

 ̈  TRANSITION
  REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________________ to ___________________

Commission file number: **000-28837**

NEW JERSEY MINING COMPANY
  (Exact name of registrant as specified in its charter)

|Idaho                        | 82-0490295                       
|---------------------------- | ---------------------------------
|(State or other jurisdiction | (IRS employer identification no.)
|of incorporation )           |                                  

89 Appleberg Road, Kellogg, Idaho 83837
  (Address of principal executive offices)

Registrant's telephone number, including area code: **(208)
  783-3331**

|Common Stock        | The OTC-Bulletin Board               
|------------------- | -------------------------------------
|Title of each class | Name and exchange on which registered

Indicate by check mark whether the registrant (1) has filed
  all reports required to be filed by Section 13 or 15(D) of the Securities Exchange
  Act of 1934 during the preceding 12 months (or for such shorter period as the
  registrant was required to file such reports), and (2) has been subject to filing
  requirements for the past 90 days.

Yesx  No ̈

On October 22, 2004, 21,098,350 shares of the registrant's
  common stock were outstanding.

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NEW JERSEY MINING COMPANY
  QUARTERLY REPORT ON FORM 10-QSBFOR THE QUARTERLY PERIODENDED SEPTEMBER 30, 2004

TABLE OF CONTENTS

|                                                                                                 | Page
|------------------------------------------------------------------------------------------------ | ----
|                                                                                                 |     
|PART I  FINANCIAL INFORMATION                                                                   | 1   
|                                                                                                 |     
|Item 1: Financial Statements                                                                     | 1   
|                                                                                                 |     
|Item 2: Management's Discussion and Analysis
      of Financial Condition and  Plan of Operation | 4   
|                                                                                                 |     
|Item 3. Controls and Procedures                                                                  | 6   
|                                                                                                 |     
|PART II  OTHER INFORMATION                                                                      | 7   
|                                                                                                 |     
|Item 1: Legal Proceedings                                                                        | 7   
|                                                                                                 |     
|Item 2: Changes in Securities                                                                    | 7   
|                                                                                                 |     
|Item 3: Defaults among Senior Securities                                                         | 7   
|                                                                                                 |     
|Item 4: Submission of Matters to a Vote
      of Security Holders                                | 7   
|                                                                                                 |     
|Item 5: Other Information                                                                        | 7   
|                                                                                                 |     
|Item 6: Exhibits and Reports on Form 8-K                                                         | 8   
|                                                                                                 |     
|SIGNATURES                                                                                       | 9   

[The balance of this page has been intentionally left blank.]

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PART I - FINANCIAL INFORMATION

Item 1**.**Financial Statements

NEW JERSEY MINING COMPANY
  (A Development Stage Company)BALANCE SHEETS

|                                                       |   | (Unaudited)   |   |   |              |  
|------------------------------------------------------ | - | ------------- | - | - | ------------ | -
|                                                       |   | September 30, |   |   | December 31, |  
|                                                       |   | 2004          |   |   | 2003         |  
|                                                       |   |               |   |   |              |  
|ASSETS                                                 |  
|                                                       |   |               |   |   |              |  
|Current assets:                                        |   |               |   |   |              |  
|Cash and cash equivalents                              | $ | 153,145       |   | $ | 346,268      |  
|                                                       |   |               |   |   |              |  
|Total current assets                                   |   | 153,145       |   |   | 346,268      |  
|                                                       |   |               |   |   |              |  
|Building and equipment                                 |   | 588,407       |   |   | 271,676      |  
|Mineral properties                                     |   | 788,506       |   |   | 787,274      |  
|Other assets                                           |   | 17,527        |   |   | 2,346        |  
|                                                       |   |               |   |   |              |  
|Total assets                                           | $ | 1,547,585     |   | $ | 1,407,564    |  
|                                                       |   |               |   |   |              |  
|LIABILITIES AND STOCKHOLDERS' EQUITY                   |  
|                                                       |   |               |   |   |              |  
|Current liabilities:                                   |   |               |   |   |              |  
|Accounts payable                                       | $ | 8,083         |   |   | 11,610       |  
|Notes payable to related
      party                   |   |               |   |   | 2,000        |  
|Obligation under capital
      lease  current portion |   | 11,292        |   |   |              |  
|Total current liabilities                              |   | 19,375        |   |   | 13,610       |  
|                                                       |   |               |   |   |              |  
|Accrued reclamation costs                              |   | 12,500        |   |   | 12,500       |  
|Payable to officers, in common stock                   |   |               |   |   | 11,519       |  
|Obligation under capital lease  long term portion     |   | 61,763        |   |   |              |  
|                                                       |   |               |   |   |              |  
|Total liabilities                                      |   | 93,638        |   |   | 37,629       |  
|                                                       |   |               |   |   |              |  
|Stockholders' equity:                                  |   |               |   |   |              |  
|Preferred stock, no par
      value; 1,000,000         |   |               |   |   |              |  
|shares authorized; no shares outstanding               |   |               |   |   |              |  
|Common stock, no par value;
      50,000,000 shares    |   |               |   |   |              |  
|authorized; 20,512,890 and 18,669,890 shares           |   |               |   |   |              |  
|issued and outstanding                                 |   | 2,710,143     |   |   | 1,910,456    |  
|                                                       |   |               |   |   |              |  
|                                                       |   |               |   |   |              |  
|Deficit accumulated during
      the development stage |   | (1,256,196    | ) |   | (540,521     | )
|Total stockholders' equity                             |   | 1,453,947     |   |   | 1,369,935    |  
|                                                       |   |               |   |   |              |  
|Total liabilities and stockholders' equity             | $ | 1,547,585     |   | $ | 1,407,564    |  

The accompanying notes are an integral part of the financial statements.

1

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NEW JERSEY MINING COMPANY
  (A Development Stage Company)STATEMENTS OF OPERATIONSFor the Three and Nine-Month Periods ended September 30, 2004 and 2003 and
  for the period
  from inception (July 18, 1996) through September 30, 2004(Unaudited)

|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   | From Inception  |  
|----------------------------------------- | - | ------------------ | - | - | ------------------ | - | - | -------------- | - | - | ------------ | - | - | --------------- | -
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   | (July 18, 1996) |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   | Through         |  
|                                          |   | September 30, 2004 |   |   | September 30, 2003 |   |   | Sept. 30, 2004 |  
|                                          |   |                    |   |   |                    |   |   | ( As Restated  |   |   | (As Restated |  
|                                          |   |                    |   |   |                    |   |   | See Note 3)    |   |   | See Note 3)  |  
|                                          |   | Three Months       |   |   | Nine Months        |   |   | Three Months   |   |   | Nine Months  |   |   |                 |  
|Operating expenses:                       |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Expenses paid with common
      stock:    |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Management fees                           | $ | 20,499             |   | $ | 20,499             |   |   |                |   |   |              |   | $ | 157,625         |  
|Directors fees                            |   |                    |   |   |                    |   |   |                |   |   |              |   |   | 9,450           |  
|Services                                  |   |                    |   |   | 2,500              |   |   |                |   |   |              |   |   | 22,390          |  
|Exploration                               |   |                    |   |   | 6,600              |   |   |                |   |   |              |   |   | 14,600          |  
|Exploration
      expense                 |   | 129,549            |   |   | 494,503            |   | $ | 18,200         |   | $ | 83,590       |   |   | 607,887         |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|General
      and administrative expenses |   | 73,927             |   |   | 192,373            |   |   | 57,077         |   |   | 92,194       |   |   | 383,248         |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Total operating
      expenses            |   | 223,975            |   |   | 716,475            |   |   | 75,277         |   |   | 175,784      |   |   | 1,195,200       |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Other (income) expense:                   |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Royalty and other income                  |   | (474               | ) |   | (2,317             | ) |   | (1,800         | ) |   | (2,462       | ) |   | (61,471         | )
|Interest expense                          |   | 1,517              |   |   | 1,517              |   |   |                |   |   |              |   |   | 1,517           |  
|Write-off of goodwill                     |   |                    |   |   |                    |   |   |                |   |   |              |   |   | 30,950          |  
|Write-off of investment                   |   |                    |   |   |                    |   |   |                |   |   |              |   |   | 90,000          |  
|Total other (income) expense              |   | 1,043              |   |   | (800               | ) |   | (1,800         | ) |   | (2,462       | ) |   | 60,996          |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Net loss                                  | $ | 225,018            |   | $ | 715,675            |   | $ | 73,477         |   | $ | 173,322      |   | $ | 1,256,196       |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Net loss per common share-basic           | $ | 0.011              |   | $ | 0.035              |   | $ | nil            |   | $ | 0.010        |   | $ | 0.094           |  
|                                          |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Weighted average common shares            |   |                    |   |   |                    |   |   |                |   |   |              |   |   |                 |  
|Outstanding-basic                         |   | 20,871,409         |   |   | 20,216,185         |   |   | 17,792,636     |   |   | 17,069,352   |   |   | 13,438,001      |  

The accompanying notes are an integral part of these financial
  statements. 
  2

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NEW JERSEY MINING COMPANY
  (A Development Stage Company)STATEMENTS OF CASH FLOWSFor the Nine-Month Periods ended September 30, 2004 and 2003 and for the
  period from 
  inception (July 18, 1996) through September 30, 2004(Unaudited)

|                                                      |   |               |   |   |               |   |   | From Inception  |  
|----------------------------------------------------- | - | ------------- | - | - | ------------- | - | - | --------------- | -
|                                                      |   |               |   |   |               |   |   | (July 18, 1996) |  
|                                                      |   | September 30, |   |   | September 30, |   |   | Through         |  
|                                                      |   | 2004          |   |   | 2003          |   |   | Sept. 30, 2004  |  
|                                                      |   |               |   |   | (As Restated  |   |   | (As Restated    |  
|                                                      |   |               |   |   | See Note 3)   |   |   | See Note 3)     |  
|Cash flows from operating activities:                 |   |               |   |   |               |   |   |                 |  
|Net loss                                              | $ | (715,675      | ) | $ | (173,322      | ) | $ | (1,256,196      | )
|Adjustments to reconcile
      net loss to net cash   |   |               |   |   |               |   |   |                 |  
|used by operating activities:                         |   |               |   |   |               |   |   |                 |  
|Write-off of goodwill                                 |   |               |   |   | 30,950        |   |   | 30,950          |  
|Write-off of investment                               |   |               |   |   |               |   |   | 90,000          |  
|Stock issued for:                                     |   |               |   |   |               |   |   |                 |  
|Management fees                                       |   | 20,499        |   |   |               |   |   | 169,144         |  
|Directors fees                                        |   |               |   |   |               |   |   | 9,450           |  
|Services                                              |   | 2,500         |   |   |               |   |   | 22,391          |  
|Exploration                                           |   | 6,600         |   |   |               |   |   | 14,600          |  
|Change in:                                            |   |               |   |   |               |   |   |                 |  
|Other assets                                          |   | (15,181       | ) |   |               |   |   | (15,805         | )
|Accounts payable                                      |   | (3,527        | ) |   | 10,867        |   |   | 5,113           |  
|Accounts payable to related party                     |   | (2,000        | ) |   |               |   |   |                 |  
|Accrued reclamation costs
      and other liabilities |   |               |   |   | (46           | ) |   | 12,500          |  
|Net
      cash used by operating activities           |   | (706,784      | ) |   | (131,551      | ) |   | (917,853        | )
|                                                      |   |               |   |   |               |   |   |                 |  
|Cash flows from investing activities:                 |   |               |   |   |               |   |   |                 |  
|Purchases of building and
      equipment             |   | (234,412      | ) |   | (6,114        | ) |   | (308,546        | )
|Purchases of mineral property                         |   | (1,232        | ) |   |               |   |   | (7,136          | )
|Deferral of development
      costs                   |   |               |   |   | (36,500       | ) |   | (225,535        | )
|Net
      cash used by investing activities           |   | (235,644      | ) |   | (42,614       | ) |   | (541,217        | )
|                                                      |   |               |   |   |               |   |   |                 |  
|Cash flows from financing activities:                 |   |               |   |   |               |   |   |                 |  
|Exercise of stock purchase
      warrants             |   | 377,750       |   |   | 150,000       |   |   | 578,500         |  
|Sales of common stock, net
      of issuance costs    |   | 373,500       |   |   |               |   |   | 1,060,867       |  
|Principal payments on capital
      lease             |   | (1,945        | ) |   |               |   |   | (45,421         | )
|Payments on note payable
      to bank                |   |               |   |   |               |   |   | (20,000         | )
|Net cash provided by financing activities             |   | 749,305       |   |   | 150,000       |   |   | 1,573,946       |  
|                                                      |   |               |   |   |               |   |   |                 |  
|Cash of acquired companies                            |   | -             |   |   |               |   |   | 38,269          |  
|                                                      |   |               |   |   |               |   |   |                 |  
|Net change in cash                                    |   | (193,123      | ) |   | (24,165       | ) |   | 153,145         |  
|Cash, beginning of period                             |   | 346,268       |   |   | 40,436        |   |   | 0               |  
|Cash, end of period                                   | $ | 153,145       |   | $ | 16,271        |   | $ | 153,145         |  
|                                                      |   |               |   |   |               |   |   |                 |  
|Non-cash investing and financing activities:          |   |               |   |   |               |   |   |                 |  
|Common stock issued for:                              |   |               |   |   |               |   |   |                 |  
|Equipment                                             | $ | 7,320         |   |   |               |   | $ | 10,320          |  
|Mineral properties                                    |   |               |   |   |               |   | $ | 199,300         |  
|Acquisitions of companies, excluding cash             |   |               |   |   |               |   | $ | 743,653         |  
|Payable to officers                                   | $ | 11,519        |   |   |               |   | $ | 11,519          |  
|Capital lease obligation for equipment acquired       | $ | 75,000        |   |   |               |   | $ | 93,275          |  

The accompanying notes are an integral part of these financial
  statements. 
  3

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NEW JERSEY MINING COMPANYNOTES TO FINANCIAL STATEMENTS(Unaudited)

**1.           
  Basis of Presentation:**

The unaudited financial statements have been prepared by the
  Company in accordance with accounting principles generally accepted in the United
  States of America for interim financial information, as well as the instructions
  to Form 10-QSB. Accordingly, they do not include all of the information and
  footnotes required by generally accepted accounting principles for complete
  financial statements. In the opinion of the Company's management, all adjustments
  (consisting of only normal recurring accruals) considered necessary for a fair
  presentation of the interim financial statements have been included. Operating
  results for the nine month period ended September 30, 2004 are not necessarily
  indicative of the results that may be expected for the full year ending December
  31, 2004.

For further information refer to the financial statements
  and footnotes thereto in the Company's Annual Report on Form 10-KSB for the
  year ended December 31, 2003.

2**.**Description of Business

New Jersey Mining Company ("the Company") was incorporated
  as an Idaho corporation on July 18, 1996. The Company's primary business is
  exploring for and developing gold, silver and base metal mining resources in
  Idaho.

3**.**Restated Financial Statements

Change in Accounting Policy

During the fourth quarter of 2003, the Company changed its
  accounting policy, retroactive to January 1, 2002, with respect to its accounting
  for exploration costs. The Company now records exploration costs as operating
  expenses in the period that they occur, and only capitalizes exploration costs
  on areas of interest that have proven reserves and are in development for production.
  The Company's previous policy was to capitalize all such expenditures as deferred
  development costs of the properties being explored. The change was made in order
  for the Company's accounting practices to be consistent with prevailing mining
  industry accounting trends and securities regulations.

The effect of this change for the three month period and nine
  month period ended September 30, 2003 was an increase in net loss of $18,200
  and $83,590, respectively. The effect on net loss per share for same periods
  was nominal.

Item 2**.**Management's
  Discussion and Analysis of Financial Condition and Plan of Operation

General

This report contains both historical and prospective statements
  concerning the Company and its operations. Prospective statements (known as
  "forward-looking statements") may or may not prove true with the passage of
  time because of future risks and uncertainties. The Company cannot predict what
  factors might cause actual results to differ materially from those indicated
  by prospective statements.

4

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Item 2**.**Management's
  Discussion and Analysis of Financial Condition and Plan of Operation, Continued:

Plan of Operation

The Company is executing its plan to explore for gold, silver
  and base metal deposits in the greater Coeur d'Alene Mining District of northern
  Idaho. The Company has three mines in the Coeur d'Alene Mining District which
  are under development: the Golden Chest, the New Jersey, and the Silver Strand.
  Initial production from the New Jersey open pit mine commenced late in the fourth
  quarter of 2004 and production from mineralized material derived from underground
  development excavations has commenced at the Golden Chest mine. Exploration
  projects at all three mines are being conducted as well as in other out-lying
  areas.

An exploration ramp at the Golden Chest underground mine has
  recently been completed. It exposed a high grade gold vein drilled by Newmont
  Exploration Limited (NEL) about 15 years ago. The Katie Dora vein, which was
  intercepted by the ramp, was then drifted on for a distance of 46 meters. Approximately
  $340,000 was spent on the ramp and the drift. Samples have been taken and ore
  reserve calculations are being done. The feasibility of a 50 tonne/day mining
  operation will be evaluated in the 4th quarter of 2004. Infrastructure
  such as grid power, an improved haul road and a shop building are being completed.

Operating permits for a seasonal mining operation at the Silver
  Strand mine are being awaited. A Finding of No Significant Impact for the Silver
  Strand operation has been issued by the U.S. Forest Service along with an Environmental
  Assessment. The Finding was open for comments from the public through October
  15, 2004. Comments were received from two environmental groups. Currrently,
  the U. S. Forest Service is evaluating the comments received and will respond
  to them. The next step is to issue a Decision Notice, unless some of the comments
  require further analysis. All pre-production work must await receipt of the
  operating permits. Planned pre-production work for 2004 was cancelled because
  of permitting took longer than expected, but permits should be received in order
  to commence pre-production work in the spring of 2005.

The Company has completed the upgrade its mineral processing
  plant, the New Jersey mill, to add the flotation process which was needed to
  produce marketable concentrates for smelters. Included in the upgrade are eight
  new flotation cells, pumps, a filter press, a concentrate bin, and various fabricated
  structures. The mill with its new equipment has been commissioned in the 3rd
  quarter by processing low grade material from the New Jersey open pit mine,
  and development material from the Golden Chest exploration ramp is now being
  processed. Initial results from processing New Jersey mine material show that
  marketable concentrates are being produced. Two concentrates are produced, a
  gravity concentrate and a flotation concentrate. From the New Jersey material,
  the gravity concentrate contains about 1,400 grams/tonne gold, and the flotation
  concentrate contains about 200 grams/tonne gold plus 2,000 grams/tonne silver.
  Initial efforts to market the concentrate products are underway.

An exploration drilling program has been completed in 2004
  with favorable results. Mineralized intercepts have been drilled at the Enterprise
  and Scotch Thistle areas of interest near the New Jersey mine. Drilling at the
  Golden Chest has been especially significant because, not only have gold bearing
  veins been drilled, but an understanding of the mineralization has been gained
  which will aid future exploration. An important drill hole intercept at the
  Golden Chest, 18 m of 5 grams/tonne gold, has indicated the potential for a
  larger underground deposit, and more drilling is planned in 2005 to evaluate
  this potential.

5

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An open pit mine design has been completed for the resource
  drilled by NEL at the Golden Chest mine. The conclusion of the work is that
  it appears that open pit mining would only be feasible if done in conjunction
  with underground mining. A mineralized material inventory of 230,000 ounces
  of gold (not reserves) determined by NEL was confirmed by the Company's current
  work. The pit designed using a gold price of $500/ounce contained about 1 million
  tonnes of ore grading 1.385 grams/tonne gold with a stripping ratio of 3.05
  tonnes of waste per tonne of ore. The material in this pit does not meet the
  criteria for ore reserves as the sample spacing (via drillholes) is too far
  apart.

A surface geophysical program at the Silver Strand mine is
  underway to test for extension of the mineralized zone both eastward and westward
  on strike. Initial results indicate that the mineralized zone was detected along
  with other anomalies not associated with the main zone. Reconnaissance geochemical
  sampling has been completed in an area surrounding the Silver Strand mine, and
  at least two areas of interest have been discovered, which will be followed
  up next exploration season.

Most of the exploration and development plans have now been
  completed for the year 2004. The Company has sufficient funding to continue
  to operate the mineral processing plant and to complete some other minor projects
  for the remainder of the year. Plans are being made to secure additional funding
  which will be needed for the year 2005.

Production commenced in September 2004 when the mill upgrade
  project was completed. Minor cash flow may be generated by production in the
  4th quarter of 2004 if arrangements can be made to sell the concentrates
  being produced. It is expected that the mineral processing plant will be shut
  down in the winter months because of weather.

The Company currently has four employees and uses consultants
  or contractors for project tasks. Up to 8 additional employees may be hired
  in 2005.

In September 2004 there was a change in the makeup of the
  Board of Directors. Mr. Ron Eggart, a Director since the Company was organized
  in 1998, retired. Two new Directors were appointed, Mr. William Rust, a metallurgical
  engineer with extensive experience in the Coeur d'Alene Mining District, and
  Dr. Ivan Linscott, a physicist at Stanford University.

Item 3**.**Controls and
  procedures

An evaluation was performed by the Company's president and
  principal financial officer of the effectiveness of the design and operation
  of our disclosure controls and procedures. And on that evaluation, the Company's
  president and principal financial officer concluded that disclosure controls
  and procedures were effective as of September 30, 2004, in ensuring that all
  material information required to be filed in this quarterly report has been
  made known to them in a timely fashion.

There has been no change in our internal controls over financial
  reporting during the quarter ended September 30, 2004 that has materially affect
  or is reasonable likely to materially affect, our internal controls over financial
  reporting.

6

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PART II - OTHER INFORMATION

Item 1**.**LEGAL PROCEEDINGS

None

Item 2**.**CHANGES IN SECURITIES

Neither the constituent instruments defining the rights of
  the registrant's securities filers nor the rights evidenced by the registrant's
  outstanding common stock have been modified, limited or qualified.

During the third quarter of 2004, the Company made an offer
  to certain qualified investors to encourage the early exercise of warrants.
  In exchange for exercising their warrants, the investors would receive an equal
  number of warrants exercisable at $0.70 per share with an expiration date of
  September 1, 2006. The Company raised $176,250 with this offer ($21,000 in the
  4th Quarter of 2004). The offer was made in reliance on exemption
  from registration provided by Section 4(2) of the Securities Act of 1933, as
  amended. Also, in the third quarter of 2004, the Company issued restricted stock
  to officers for management fees incurred from December 2003 to July 2004 (50,760
  shares at an average price of $0.63) . Restricted stock was also issued in the
  nine-month period ending September 30, 2004 for services and equipment (18,200
  shares at an average price $0.50) .

Item 3**.**DEFAULTS UPON
  SENIOR SECURITIES

The registrant has no outstanding senior securities.

Item 4**.**SUBMISSION OF
  MATTERS TO A VOTE OF SECURITY HOLDERS

On August 11, 2004 the Company held an Annual Meeting of Shareholders.
  The primary matter of the meeting was to elect Directors. A second matter was
  to transact such other business as may properly come before the Annual Meeting.
  No other business was transacted at the meeting. A total of 16,444,938 shares
  or 80.2% of the outstanding shares were represented by proxy or person at the
  meeting. Results are summarized in the table below:

|Director             | For        | Against | Abstain | Non-votes
|-------------------- | ---------- | ------- | ------- | ---------
|Chares F. Asher      | 16,395,738 | 6,032   | 5,000   | 38,168   
|Fred W. Brackebusch  | 16,395,738 | 6,032   | 5,000   | 38,168   
|Grant A. Brackebusch | 16,395,738 | 6,032   | 5,000   | 38,168   
|Ron Eggart           | 16,395,738 | 6,032   | 5,000   | 38,168   
|M. Kathleen Sims     | 16,395,738 | 6,032   | 5,000   | 38,168   

Item 5**.**OTHER INFORMATION

None

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Item 6**.**EXHIBITS AND REPORTS ON FORM
  8-K

Exhibits

|31.1 | Certification pursuant to Section 906 of the
      Sarbanes-Oxley act of 2002.                                               
|---- | -----------------------------------------------------------------------------------------------------------------------------
|     |                                                                                                                              
|32.1 | Certification pursuant to 18 U.S.C. Section
      1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

Reports on Form 8-K.

A Form 8-K was filed on October 6, 2004 announcing the retirement
  of Director Ron Eggart and the appointment of two new Directors: William C.
  Rust and Ivan R. Linscott.

[The balance of this page has been intentionally left blank.]

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act
  of 1934, the registrant has duly caused this report to be signed on its behalf
  by the undersigned thereunto duly authorized.

| | NEW JERSEY MINING COMPANY
| | -------------------------
| |                          
| | By:                      
| |                          
| |                          
| |                          
| |                          
| |                          
| |                          
| | By:                      
| |                          
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| |                          

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